http://bigcharts.mar...&mocktick=1.gif
Going to test that last low at a minimum IMO...
CSCO Disco
Started by
SemiBizz
, May 08 2008 09:28 AM
3 replies to this topic
#1
SemiBizz
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- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 08 May 2008 - 09:28 AM
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#2
ogm
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- Traders-Talk User
- 13,780 posts
Member
Posted 08 May 2008 - 09:34 AM
yep. Its definitely under pressure on heavy volume.
Very unexciting report. Emerging market growth only 10%. North america as uncertain as ever.
Edited by ogm, 08 May 2008 - 09:35 AM.
#3
SemiBizz
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- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 08 May 2008 - 09:40 AM
It's looking real happy to go down here... CSCO and the rest of the Disco....
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#4
SandStorm
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- Traders-Talk User
- 457 posts
Member
Posted 08 May 2008 - 02:14 PM
amzn looks bad.
goog and aapl running into serious weekly trendline resistence.
only rimm is looking better but it's few dollars away from testing the all-time high which might garner profit taking.
I have no idea if we are going down in a big way but it looks tough for the nasdaq to go higher by reading the horsemen.
